At the time of writing, Prenetics Global Limited [PRE] stock is trading at $14.28, down -6.73%. An important factor to consider is whether the stock is rising or falling in short-term value. The PRE shares have gain 12.35% over the last week, with a monthly amount glided 16.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Prenetics Global Limited [NASDAQ: PRE] stock has seen the most recent analyst activity on January 18, 2023, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $7.
For the past year, the stock price of Prenetics Global Limited fluctuated between $3.09 and $17.99. Prenetics Global Limited [NASDAQ: PRE] shares were valued at $14.28 at the most recent close of the market.
Analyzing the PRE fundamentals
According to Prenetics Global Limited [NASDAQ:PRE], the company’s sales were 66.32M for trailing twelve months, which represents an 202.84% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.63%, Pretax Profit Margin comes in at -0.78%, and Net Profit Margin reading is -0.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.29 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.80 points at the first support level, and at 13.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.03, and for the 2nd resistance point, it is at 15.78.
Ratios To Look Out For
It is important to note that Prenetics Global Limited [NASDAQ:PRE] has a current ratio of 1.51. On the other hand, the Quick Ratio is 1.30, and the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 1.14.
